Buying at Auction

LOT9 will guide and support you from your initial contact with our team through to completion.

Buying

Have you ever thought about buying your next home at auction?

  •  Auctions are a great way to avoid lengthy and uncertain buying procedures.
  •  Before bidding make sure you read the Auction pack
  •  Make sure you visit the property yourself to inspect it and the area around it
  • Instruct a surveyor to give you a report before the auction
  • Ensure you have the finances in place to buy and pay your fees before bidding
  • Register your interest before the auction day so any due diligence checks can be undertaken
  • If attending the auction, arrive early, if bidding on the phone or beforehand let us know in plenty of time.
  • Buying fees are 2% plus VAT 2.4% inc VAT, minimum fee £2500 inc VAT, payable on auction day

We have put together a step by step guide full of essential points to consider when buying a property at auction.

If you would like to speak to one of the LOT9 team to discuss buying with us in the future, please get in touch.

Most Auction sales complete in 28 days